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Lam Research Corporation $LRCX Shares Sold by Ameriprise Financial Inc.
Ameriprise Financial Inc. reduced its stake in Lam Research Corporation (NASDAQ:LRCX) by 16.8% in the third quarter, selling over 5 million shares, although it remains a significant holding. The article details institutional ownership, stock performance, recent earnings, dividend announcements, and analyst ratings for Lam Research, which maintains a “Moderate Buy” consensus. It also highlights insider sales by CFO Douglas R. Bettinger and Director Eric Brandt, as well as key news impacting the company, including strategic collaborations and market sentiment.